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Topic: The Lightning Network FAQ - page 4. (Read 32058 times)

legendary
Activity: 3122
Merit: 7618
Cashback 15%
June 19, 2023, 12:19:01 PM
with 0.9.0 a new eclair version has been released today. among others there are the following highlights in this release:
  • improvements against various forms of dos attacks
  • more plugin hooks and rpcs
  • groundwork for dual funding, splicing and bolt 12

https://github.com/ACINQ/eclair/blob/master/docs/release-notes/eclair-v0.9.0.md
hero member
Activity: 1176
Merit: 647
I rather die on my feet than to live on my knees
June 14, 2023, 07:11:27 PM
Anyone using the plugin called Circular to rebalance channels in Core Lightning v23.0.5??? I think it might be broken after the API changes in Core Lightning.
Wanted to know if anyone can still use this plugin.
I haven't, but from the GitHub description it looks basically identical to the rebalance plugin. You still need to manually specify input and output channels, for instance.
What's the benefit over rebalance?

I like it more only in the sense that it shows you a more user-friendly info about what is going on during a rebalance! And from other users, specifically from one of Boltz owner, it seems to do a better job finding routes for our rebalances.

For instance, this is part of the output it shows you from logs while attempting to rebalance:
Quote
rebalance.go:57 Run: ===================== ATTEMPT 1 =====================
 40516 2023-06-14T05:58:43.347Z DEBUG   plugin-circular: params.go:48 validateLiquidityParameters: validating liquidity parameters
 40517 2023-06-14T05:58:43.348Z DEBUG   plugin-circular: params.go:50 validateLiquidityParameters: refreshing in and out channels
 40518 2023-06-14T05:58:43.348Z DEBUG   plugin-circular: params.go:75 validateLiquidityParameters: liquidity parameters validated
 40519 2023-06-14T05:58:43.349Z DEBUG   plugin-circular: route.go:41 tryRoute: generating route
 40520 2023-06-14T05:58:43.354Z DEBUG   plugin-circular: route.go:19 getRoute: looking for a route from Boltz to SCP-096
 40521 2023-06-14T05:58:43.403Z DEBUG   plugin-circular: time.go:10 TimeTrack: rebalance.getRoute took 64.837ms
 40522 2023-06-14T05:58:43.407Z DEBUG   plugin-circular: route.go:53 tryRoute: Route from: Boltz to: SCP-096
 40523 2023-06-14T05:58:43.407Z DEBUG   plugin-circular: Amount: 300000
 40524 2023-06-14T05:58:43.408Z DEBUG   plugin-circular: Fee: 2267msat
 40525 2023-06-14T05:58:43.408Z DEBUG   plugin-circular: Fee PPM: 7
 40526 2023-06-14T05:58:43.408Z DEBUG   plugin-circular: Hops: 4
 40527 2023-06-14T05:58:43.408Z DEBUG   plugin-circular: Hop  1:                           Crypt04n4rkMoV, fee:    0.000, ppm:     0, scid: 778301x567x0, delay: 408
 40528 2023-06-14T05:58:43.408Z DEBUG   plugin-circular: Hop  2:                                    Boltz, fee:    0.301, ppm:     1, scid: 748535x568x1, delay: 328
 40529 2023-06-14T05:58:43.409Z DEBUG   plugin-circular: Hop  3:                         marburg.ddns.net, fee:    0.166, ppm:     0, scid: 774975x2457x1, delay: 288
 40530 2023-06-14T05:58:43.409Z DEBUG   plugin-circular: Hop  4:                                  SCP-096, fee:    1.800, ppm:     6, scid: 711640x1428x1, delay: 144

The owner did the update to the plugin yesterday and I have already used it! I like this more than the original rebalance!
And I think you can do other things like push and pull liquidity to/from your channels but I never tried it!
hero member
Activity: 882
Merit: 5818
not your keys, not your coins!
June 14, 2023, 06:24:04 PM
Anyone using the plugin called Circular to rebalance channels in Core Lightning v23.0.5??? I think it might be broken after the API changes in Core Lightning.
Wanted to know if anyone can still use this plugin.
I haven't, but from the GitHub description it looks basically identical to the rebalance plugin. You still need to manually specify input and output channels, for instance.
What's the benefit over rebalance?
hero member
Activity: 1176
Merit: 647
I rather die on my feet than to live on my knees
June 09, 2023, 04:04:57 PM
Anyone using the plugin called Circular to rebalance channels in Core Lightning v23.0.5??? I think it might be broken after the API changes in Core Lightning.
Wanted to know if anyone can still use this plugin.

Edited;
Someone on Github, in Circular repository wrote a patch that apparently fixes the issues due to the breaking changes of Core Lightning API, but the coder didn't open a PR with his changes, so someone took the liberty to  use his code, include the patch and open a PR, crediting him all the reputation for the patch. PR is now waiting for revision.
If anyone uses it or woul like to try the plugin to rebalance channels, and have knwoledge in Go programming language, maybe can give it a try and maybe a review and check if anything is missing.

Original repository
https://github.com/giovannizotta/circular

Issue
https://github.com/giovannizotta/circular/issues/17

PR
https://github.com/giovannizotta/circular/pull/18
hero member
Activity: 1176
Merit: 647
I rather die on my feet than to live on my knees
June 06, 2023, 07:14:06 AM
Rusty Russel posted yesterday a minor release to CLN, fixing some bugs that couldn't wait for the major release 23.08. This version was called v25.05.1 and brings the following bug fixes:

Quote

    Fixed crash (memory corruption!) in listtransactions (openingd: work harder to intuit OPT_SCID_ALIAS. #6304)
    Don't crash on gossip store deletion fail (gossipd: don't fail on gossip deletion #6297)
    Fix incompatibility with LND which prevented us opening private channels (openingd: work harder to intuit OPT_SCID_ALIAS. #6304)
    Fixed crash in dual-funding. (CI: restore dual-funding tests. #6273)


Sauce
hero member
Activity: 1176
Merit: 647
I rather die on my feet than to live on my knees
June 02, 2023, 03:56:38 PM
I just found a nice list of links to help to solve problems of liquidity...
I know a few of them but not all. Will be handy to me...

It is a post in Medium site:
https://medium.com/@rajsaraogi/lightning-network-liquidity-3ca09000565
hero member
Activity: 882
Merit: 5818
not your keys, not your coins!
May 19, 2023, 01:49:55 PM
Wallets

Which wallet would be the best for me?

There are quite a few interesting options for different kinds of users.

No-coiners: Strike

Bitcoin newbies: BlueWallet

Regular users: Phoenix Wallet, Breez Wallet, Blixt Wallet

Advanced users: run your own node Smiley
Update: BlueWallet Lightning functionality (custodial LND hub) is dead!
https://bluewallet.io/sunsetting-lndhub/
hero member
Activity: 1176
Merit: 647
I rather die on my feet than to live on my knees
May 13, 2023, 03:42:34 PM
I like the idea and how simple it seems to be! The LN still needs a lot of work to become user friendly but these small steps are for sure in the right path! It seemed quite clean and simple the few examples in the video.
Regarding user-friendliness for LN, I just read the other day that Foundation Devices published a podcast episode with a Breez developer. I've yet to listen to it myself, but I'm interested to know what they talked about, since I'm obviously both a Passport and Breez user myself.. Wink

EP #9 – Making self-custodial Lightning easier w/ Ivan from Breez

If it’s seemed too daunting to use Lightning without sacrificing custody of your Bitcoin, what Breez is building might be just the solution you need. On this week’s episode we sit down with Ivan from Breez to talk about the future of self-custodial Lightning and how we can beat fiat at it’s own game.

Going to listen that podcast right now myself! After dinner and while there is some silence at home (wife and daughter went out for church stuff xD)...
hero member
Activity: 882
Merit: 5818
not your keys, not your coins!
May 12, 2023, 08:02:23 PM
I like the idea and how simple it seems to be! The LN still needs a lot of work to become user friendly but these small steps are for sure in the right path! It seemed quite clean and simple the few examples in the video.
Regarding user-friendliness for LN, I just read the other day that Foundation Devices published a podcast episode with a Breez developer. I've yet to listen to it myself, but I'm interested to know what they talked about, since I'm obviously both a Passport and Breez user myself.. Wink

EP #9 – Making self-custodial Lightning easier w/ Ivan from Breez

If it’s seemed too daunting to use Lightning without sacrificing custody of your Bitcoin, what Breez is building might be just the solution you need. On this week’s episode we sit down with Ivan from Breez to talk about the future of self-custodial Lightning and how we can beat fiat at it’s own game.
hero member
Activity: 1176
Merit: 647
I rather die on my feet than to live on my knees
May 12, 2023, 05:56:39 AM
Wallet of Satoshi launches Lightning Point of Sale feature

Seems nice feature and very handy.
https://stacker.news/items/176409
https://twitter.com/walletofsatoshi/status/1655451096117284867

That's a pretty sexy feature. What's up with that NFC transaction, never seen something like that for lightning before.
Does it immediatelly charge the amount or is there still confirmation required from the one sending the sats?
I have no idea but either way I like the idea and how simple it seems to be! The LN still needs a lot of work to become user friendly but these small steps are for sure in the right path! It seemed quite clean and simple the few examples in the video.
legendary
Activity: 2030
Merit: 1401
Disobey.
May 10, 2023, 12:50:24 PM
Wallet of Satoshi launches Lightning Point of Sale feature

Seems nice feature and very handy.
https://stacker.news/items/176409
https://twitter.com/walletofsatoshi/status/1655451096117284867

That's a pretty sexy feature. What's up with that NFC transaction, never seen something like that for lightning before.
Does it immediatelly charge the amount or is there still confirmation required from the one sending the sats?
hero member
Activity: 1176
Merit: 647
I rather die on my feet than to live on my knees
May 10, 2023, 12:03:16 PM
Wallet of Satoshi launches Lightning Point of Sale feature

Seems nice feature and very handy.
https://stacker.news/items/176409
https://twitter.com/walletofsatoshi/status/1655451096117284867
hero member
Activity: 882
Merit: 5818
not your keys, not your coins!
May 09, 2023, 01:39:28 PM
Thanks for the input. Command line options (breez) sound good as a nice last resort. I just installed and don't get any connection, so it's neither allowing me to generate a lightning invoice, nor an on-chain address.
Especiall the latter seems very weird to me - the error notification says "Not able to obtain Bitcoin address from Breez-Server. Please check your Internet-connection". - Are they storing the keys online, or why would you need a connection to show an onchain public address?
The on-chain address feature utilizes the https://boltz.exchange/ instant exchanger and performs a submarine swap to give you Lightning funds trustlessly.
I suspect Boltz and / or Breez may be having some issues with opening channels at reasonable prices at the moment due to mempool congestion. But I don't have any more insight into this myself right now.

Oh and on another note: I am not familiar with Lightning too much, how would developer commands protect you in a worst-case scenario?
Instead of the wallet do stuff on its own, you would be able to issue commands to close channels and specify the onchain address where you wanted your local balance "to land". I think this was what he meant!
Exactly. I'm not sure for instance, if any 'emergency' functionality exists (since I don't see any in the GUI) and how good it is (since I can't simulate it) to help me in an edge case. Having developer commands just gives me the peace of mind that I can interact with the built-in LND node directly and solve such issues.
hero member
Activity: 1176
Merit: 647
I rather die on my feet than to live on my knees
May 09, 2023, 10:05:42 AM


Oh and on another note: I am not familiar with Lightning too much, how would developer commands protect you in a worst-case scenario?



Instead of the wallet do stuff on its own, you would be able to issue commands to close channels and specify the onchain address where you wanted your local balance "to land". I think this was what he meant!
legendary
Activity: 2030
Merit: 1401
Disobey.
May 09, 2023, 06:31:30 AM
BlueWallet is discontinuing its service, so I was wondering which of the mentioned LN wallets in OP would be the best to move funds to:
- https://phoenix.acinq.co/
- https://breez.technology/
I only know and tried these two. Working very well. What I like about Breez is that it does have 'developer commands', so it gives me the peace of mind that in a worst-case scenario, I could use regular old LND commands to (force) close any open channels and send myself the resulting on-chain funds.

Just to be clear, I have never actually needed it on any of these wallets, but it's still nice to have.

BlueWallet is discontinuing which service?
They offered a hosted / online Lightning wallet in their Bitcoin wallet app.
Thanks for the input. Command line options (breez) sound good as a nice last resort. I just installed and don't get any connection, so it's neither allowing me to generate a lightning invoice, nor an on-chain address.
Especiall the latter seems very weird to me - the error notification says "Not able to obtain Bitcoin address from Breez-Server. Please check your Internet-connection". - Are they storing the keys online, or why would you need a connection to show an onchain public address?

Trying out blixt now. Seems to be still WIP but seems to be the only open-source option.
UPDATE: Installed Phoenix now, since blixt doesn't have offline-watchtower (yet).
When I try to send from bluewallet to Phoenix I get an error (independant from the amount I try to send) "API error: Payment failed. Does the receiver have enough inbound capacity? (code 10)
"

UPDATE 2: After restarting Phoenix and bluewallet a few times and trying several different payment sizes, it finally worked.

Oh and on another note: I am not familiar with Lightning too much, how would developer commands protect you in a worst-case scenario?

hero member
Activity: 882
Merit: 5818
not your keys, not your coins!
May 09, 2023, 06:10:37 AM
BlueWallet is discontinuing its service, so I was wondering which of the mentioned LN wallets in OP would be the best to move funds to:
- https://phoenix.acinq.co/
- https://breez.technology/
I only know and tried these two. Working very well. What I like about Breez is that it does have 'developer commands', so it gives me the peace of mind that in a worst-case scenario, I could use regular old LND commands to (force) close any open channels and send myself the resulting on-chain funds.

Just to be clear, I have never actually needed it on any of these wallets, but it's still nice to have.

BlueWallet is discontinuing which service?
They offered a hosted / online Lightning wallet in their Bitcoin wallet app.
legendary
Activity: 2030
Merit: 1401
Disobey.
May 09, 2023, 05:27:46 AM
BlueWallet is discontinuing its service, so I was wondering which of the mentioned LN wallets in OP would be the best to move funds to:
- https://phoenix.acinq.co/
- https://breez.technology/
- https://blixtwallet.github.io/

Gladly listening to thoughts about any of the three mentioned wallets from some of the lightning OGs here.
Thanks in advance.

BlueWallet is discontinuing which service?

They are discontinuing their Lightning node (Lndhub.io)
Read their statement here: https://bluewallet.io/sunsetting-lndhub/

Even they recommend to use either phoenix or breez wallet.
hero member
Activity: 1176
Merit: 647
I rather die on my feet than to live on my knees
May 09, 2023, 05:16:01 AM
BlueWallet is discontinuing its service, so I was wondering which of the mentioned LN wallets in OP would be the best to move funds to:
- https://phoenix.acinq.co/
- https://breez.technology/
- https://blixtwallet.github.io/

Gladly listening to thoughts about any of the three mentioned wallets from some of the lightning OGs here.
Thanks in advance.

BlueWallet is discontinuing which service?
legendary
Activity: 2030
Merit: 1401
Disobey.
May 09, 2023, 02:04:37 AM
BlueWallet is discontinuing its service, so I was wondering which of the mentioned LN wallets in OP would be the best to move funds to:
- https://phoenix.acinq.co/
- https://breez.technology/
- https://blixtwallet.github.io/

Gladly listening to thoughts about any of the three mentioned wallets from some of the lightning OGs here.
Thanks in advance.
legendary
Activity: 3626
Merit: 2209
💲🏎️💨🚓
May 08, 2023, 06:22:00 AM
About your channels, you should probably try to check the closing TxID, if you already have one and check it with a block explorer!

Zap doesn't provide that information otherwise I would have used the accelerator services (free ones) to accelerate the TX.

Each time I close Zap and restart it, the two channels revert to open, not closing so it doesn't appear as though a true closure has occurred.

Thanks for the channel links suggestion, I'll check them out.
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